25.07.2014 - Gold and Investments That Don't Glitter
Gold has had a rough week, no doubt pressured by a rising dollar, weaker demand from Chinese importers, and as one RBC Capital analyst diplomatically put it, "a lack of new geopolitical developments." Nor did it help matters that Goldman Sachs has issued a report this week stating that it remains skeptical of the 2014 rally in gold. The influential investment bank, as reported by Barrons.com, is sticking to a prediction that the precious metal will fall to $1,050 an ounce by the end of the year, a slump in gold's price of 19% or greater from current levels...............................................Full Article: Source
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